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Wall Street Journal Headlines

The decision to sell is the latest blow to the nuclear-power industry, which seemed poised for resurgence a decade ago but has been stymied by cheap natural gas, high construction costs and relatively flat demand for power.

For the first time in almost 20 years, federal regulators have given a new nuclear power plant a license to begin generating electricity. The government-run power agency can put the plant into commercial operation once it successfully completes a series of tests and inspections.

Some utility experts fear that as energy-conserving Americans use less power, electric companies won’t have the revenue needed to maintain sprawling networks of high-voltage lines and generating plants.